Exploration 

StatoilHydro has delivered an extensive exploration programme on the NCS in 2008. We participated in 39 exploration wells, resulting in 27 discoveries. This is a success rate approaching 70%.
We operated 34 of the 39 exploration wells, including 24 of the 27 discoveries. In addition, we operated nine exploration extensions, six of which resulted in discoveries.

The most important discoveries in 2008 were Dagny/Ermintrude (PL048/PL303) near Sleipner in the North Sea, which has opened a new oil play in a mature gas province, and Snefrid South and Haklang (PL218) near the Luva discovery in the Norwegian Sea that could provide the basis for new gas infrastructure.
 
The five wildcat exploration wells completed in the Barents Sea were all discoveries. Although the proven volumes in these wells have not met our most optimistic expectations, they have enhanced our understanding of the hydrocarbon potential in the area and will be important guides for our continued exploration activity in the Barents Sea. Nearly half of the discoveries proven in 2008 are located near existing infrastructure and are of small to medium size. These discoveries are critical to maximising the take-out in and around existing fields and most of them already have a planned tie-back solution.

The table below shows our exploration and development wells drilled on the NCS during the last three years.



Exploration and development wells drilled on the NCS

2008

2007

2006

 
North Sea
StatoilHydro operated exploratory 13 11 5
Successful 8 9 3
Dry 5 2 2
StatoilHydro operated development 75 87 53
 
Partner operated exploratory 4 0 2
Successful 2 0 0
Dry 2 0 2
Partner operated development

13

16

15

 
Norwegian Sea
StatoilHydro operated exploratory 14 6 5
Successful 11 3 2
Dry 3 3 3
StatoilHydro operated development 13 12 17
 
Partner operated exploratory 1 3 0
Successful 1 1 0
Dry 0 2 0
Partner operated development

3

2

2

 
Barents Sea
StatoilHydro operated exploratory 7 3 2
Successful 5 2 1
Dry 2 1 1
StatoilHydro operated development 0 0 2
 
Partner operated exploratory 0 1 4
Successful 0 1 2
Dry 0 0 2
Partner operated development

0

0

0

 
Totals
Exploratory 39 24 18
Successful 27 16 8
Dry 12 8 10
Development

104

117

89

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